Do Dragons Have Better Fate?
AbstractTraditionally, belief in the Chinese zodiac promotes the superstition that the timing of one's birth determines one's fate. Adherence to this belief has resulted in increased birth rates during Dragon years and, hence, problems in the logistics of providing certain public goods and services (such as schools and medical services) by governments. Despite the possible economic impacts of this superstition on society, no previous study has attempted to test its validity. Using the 1991 and 1996 Hong Kong census data sets, as well as the standard return-to-education methodology, we do not find any evidence for this pervasive superstition. (JEL J13, J18, Z12) Copyright 2005, Oxford University Press.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 43 (2005)
Issue (Month): 3 (July)
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Find related papers by JEL classification:
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
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- Tarvis Ng & Terence Tai-Leung, Chong & Xin Du, 2009.
"The Value of Superstitions,"
Departmental Working Papers
_189, Chinese University of Hong Kong, Department of Economics.
- Maria De Paola & Francesca Gioia & Vincenzo Scoppa, 2013. "Overconfidence, Omens And Emotions: Results From A Field Experiment," Working Papers 201303, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
- Johnson, Noel D. & Nye, John V.C., 2011.
"Does fortune favor dragons?,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 78(1-2), pages 85-97, April.
- Woo, Chi-Keung & Horowitz, Ira & Luk, Stephen & Lai, Aaron, 2008. "Willingness to pay and nuanced cultural cues: Evidence from Hong Kong's license-plate auction market," Journal of Economic Psychology, Elsevier, vol. 29(1), pages 35-53, February.
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